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Cisco to let go over 4,000 workers in restructuring exercise

San Francisco: Global networking giant Cisco has announced that it plans to lay off 5 per cent of its global workforce, amounting to thousands of ....

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Cisco Plans More Than 4,000 Job Cuts Amid Outlook Warning, Stock Dips

Networking equipment maker Cisco Systems Inc. announced its plans to cut 5 percent of its global workforce, which comes to more than 4,000 jobs, as part of its ongoing restructuring efforts. ....

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Cisco, Set to Layoff 4000 Employees in Company Restructuring

Cisco Systems plans to cut 4000 employees of its global workforce in restructuring amidst various tech layoffs. ....

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Cisco cuts more than 4,000 jobs

The tech giant, whose customers are still digesting orders received following the clearing of the massive backlog, saw weak product revenues in Q2 2024. Cisco also confirmed that it would be cutting jobs globally to adjust expenses focus on key growth areas, CEO Chuck Robbins told investors during the company’s fiscal Q2 2024 earnings call on Wednesday evening. ....

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Cisco, among the Triangle's largest employers, is laying off more employees. What we know

As of September 2022, the company employed 7,500 workers locally. But this will be Cisco’s second significant round of layoffs since. ....

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